Answer:
Governments, with the exception of the English, were absorbing a huge part of the ... The effort to control the economy in the interest of enhancing state power is the ... Cultural changes also worked to legitimate, even to inspire, the early modern ... Historians, in what is sometimes called “the new social history,” have paid
Explanation:
They falsely became friends with the Aztec.Then they began war
The value of Fiat currency is a nation's credit, and that is because it is used to clear off debt by the citizens of a nation.
Fiat currency is, thus, a government issued-currency that is not supported by physical commodity, such physical commodity can be gold or silver.
The value of fiat money then is gotten from the relationship between supply and demand and the stability of government issuing it instead of the worth of a commodity that backs it.
For example, the United states dollar, euro and many world currencies are all fiat currency.
Government, historically, mint coins from valuable physical commodity and print paper money that could be redeemed for a particular amount of physical commodity.
In the case of inflation or hyperinflation, fiat money tends to loose value and this is because it is not connected to physical reserves such as gold or silver. if people lose faith in the country's currency, it tends to lose its value.
This is entirely different from currency that is backed by gold mainly because the demands for products made of gold such as jewelries, computers, electronic devices and aerospace vehicles are very high.
Fiat currency is issued by most government as legal tender for the purpose of debt repayment
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KEYWORDS:
- fiat money
- gold or silver
- currency
- government
- debt
- physical commodity
- legal tender
There plan was to take over all Europe
<span>1. whose death Saul approved; first Christian martyr
</span>Stephen
<span>
2. disciple whom the Lord sent to minister to Saul
</span>Ananias
<span>
3. Jerusalem Pharisee who taught Saul
</span>Gamaliel
<span>
4. Paul's companion on first missionary journey
</span>Timothy<span>
5. companion of Paul on second missionary journey
</span>Barnabas
<span>
6. city of Saul's birth and upbringing
</span>Tarsus
<span>
7. city where Saul was headed when stopped by the Lord
</span>Damascus<span>
8. young pastor-overseer of churches in Ephesus
</span><span>Silas
</span>